to do is have that take place when the republican position on the debt takestheeconomyhostage.that is off the table. i think the president is smart to be firm and clear on that. next time it would be democrats if we had a republican president. ashley: would you agree, i know it is out of your area, but the senate has not passed a budget in four years now. would you agree with republicans that it is not the way to go and i could, in fact, be breaking the law without i do agree with them. we actually have not passed the budget. i am with them on this concern about our inability to actually do the basic work that a legislature must do. ashley: i know bernanke, timothy geithner, rating agencies and many more states what is the point of a debt ceiling? we routinely raise it anyway. what is the purpose? >> there is no purpose. the debt ceiling has become a device for fiscal irresponsibility. republicans and democrats both dated. senator obama voted against the debt ceiling increase. if we have this credit downgrade, and we had a credit downgrade, as you know, last august. we have t

industry in the u.s.? at t. rowe price, we understand the connections of a complex,globaleconomy. it'sjust one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. that's the sound of car insurance compani these days. here a cheap, there a cheap, everywhere a cheap... you get it. so, what if instead of just a cheap choice, you could make a smart choice? like, esurance for example. they were born online and built to save people money from the beginning. it's what they've always done. not just something they cheap about. that's insurance for the modern world. esurance. now backed by allstate. click or call. esurance. now backed by allstate. is bigger than we think ... sometimelike the flu.fer from with aches, fever and chills- the flu's a really big deal. so why treat it like it's a little cold? there's something that works differently than over-the-counter remedies. prescription tamif

. the 2013 ram 1500 with best-in-classfueleconomy. engineeredto move heaven and earth. guts. glory. ram. the new ram 1500. motor trend's 2013 truck of the year. >>> turns out that the subway footlong is sometimes 11 inches. we have been $5 foot wronged. now we know how jared lost all that weight! he starved to death! subway, it is over. i'm going to be keeping you honest by measuring every sandwich with the most accurate means possible, my fruit by the foot. >> i don't know, lance armstrong, manti te'o, now subway sandwiches. >> who can you trust? >> my world is crushed. let's take a look at the "morning papers." "the financial times." china's economic growth has hit its slowest rate in 13 years. still the country's gdp grew by 7.8%. economists say it could have been worse. they note amid concerns of a slowdown, china's government has spurred heavy investment in inf infrastructure. >> "usa today." congress, inexperienced. 40% of lawmakers in the house have fewer than three years' experience. the lowest number since at least 1995. as a result, new members are often receiving committee as

are and as much as we can tell abouttheeconomyandfinancial sector, we will be obsessed with jamie dimon, if he didn't get as much of a bonus as normal because his pristine reputation because of the wale slipping -- thing we can find as members of the media. >> $6 million trade on a balance sheet of -- >> i don't know how much they made in spite of that. a lot. >>> speaking of the bank, another -- >> look who's here! >> and dressed normally, too. >> can we get the man a chair? he can't sit -- ♪ >> we thought you were trying on different zweaters. on a day like this, what is the right look for a young, happening, dashing -- >> what -- what -- >> you have time. don't do this to viewers. it's not that important. did you not get make-up? >> no. he didn't. >> look at -- this is natural beauty. >> you didn't shave -- you really think you need to be here that much that you can't get make-up? >> absolutely. >> taking one for the team. >> all right. >> speaking of this -- stay on us, please. morgan stanley will take -- you can get powder or something if you want. just headlines -- >> the women didn't

people don't believe should be slashed, that we're going to threaten to wreck theentireeconomy. >>it's unacceptable for some republicans in congress to hold middle class tax cuts hostage simply because they refuse to let tax rates go up on wealthiest americans. >> sean: gun at the head of the american people and republicans hostage takers and mr. president, comments like that are responsible for the gridlock in washington and whether or not mr. president, you like to believe it, you're to blame. and with us, stuart varney and co-host of "the five", dana perino, it never stops. >> at least he's consistent? good point. >> there are -- when there's a saying, you know, don't believe your own hype. i also think that in some ways presidents should not read their own press. there are always going be to be critics and i remember george w. bush did not spend a lot of times reading the nasty things that people said about him. he would say, look, this is where i think we need to go, this is a policy and help me get there. and he would try to bring in people from the other side to get that done.

and partnering with things that are made in the usa. it's going to be just enormous foroureconomy. >>it's the largest company in world's history, walmart. they sell more food than -- food -- than any company in the world. >> i had no idea. >> that's how massive it is. 1.6 million employees. >> i think this could really make a difference in our economy. we need it. >>> all right. coming up, what happens when two retirees head to prison with their knitting kits. >> we'll show you those doing hard time with needles and yarn. you can't miss that. stay tuned. you're watching "world news now." stay tuned. you're watching "world news now." ♪ >>> good musical choice, huh? good musical choice. >> good stuff. all right. when you think about criminals serving time behind bars, you probably figure they're pumping iron or shooting hoops. >> and knitting is probably the last thing that comes to mind. two retirees are turning convicts into converts with yarn. here's abc's t.j. winnick with more. >> reporter: barbed wire fences, watchman towers, and a group of men with felony convictions. >> armed ki

economy. thefinancial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. >> you know, it looks like republicans are up against another wall. but they're not going to be able to get -- they're not going to be able to get, quite frankly, some things they really want, if they're serious, are important. spending issues. but this is -- he's got them again. >> here's the problem with the republican party being owned by extremists on issues not related to the debt. let me tell you something, the president of the united states, it's laughable that he would talk about republicans not being responsible on debt issues when this president has been in the white house since january the 20th, 2009, and he has yet to do anything significant on social security or medicare. he cut medicare, so he could start a new entitlement program. that's not making medicare more solvent. he hasn't done anything to curb the costs of medical expenses, which he said he was going to do. he did nothing. he struck back room

million buy america program that is to help america stimulateeconomy. it'sa plan when it's been the target of workers who want higher salaries and more opportunities for full-time work. the company's offered the hire veterans who apply will begin on memorial day. for "cbs this morning," anna werner, dallas. >> many employees say the perks make some workplaces better than others. fortune magazine's andy serwer reveals it. >> one of the perks for me is working here. >>> tomorrow we'll show you one of the most unusual and chili's lunch combos starting at just 6 bucks. try our new southwestern mac and cheese with grilled chicken served with soup or salad. chili's lunch combos. starting at 6 bucks. more life happens here. mine was earned in djibouti, africa, 2004. the battle of bataan 1942. [ all ] fort benning, georgia, in 1999. [ male announcer ] usaa auto insurance is often handed down from generation to generation because it offers a superior level of protection and because usaa's commitment to serve the military, veter

on him and to what jay carney said about the president andtheeconomy. >>shovel ready was not as shovel ready as we expected. >> the reelection was in some ways for all of us here, you know, a humbling experience because it was an assertion by the electorate to said despite how hard the last four years have been on this country because of the great economic crisis that we were in when the president took office, that the steps that we've taken have been the right steps, and more work needs to be done. >> more work needs to be done. when you talk to the president's top advisors, they say he wants to act quickly after the inaugural address and state of the union coming up in february to work on key domestic issues like immigration he reform, like gun control that he's been talking about throughout this week, but he realizes as well, they say, that he's got to keep his eye on the ball in terms of the economy, the jobs crisis, even though unemployment has gotten a little better in recent months, it's still obviously a very, very difficult situation all around the country, megyn. >> megyn: su

industry in germany? at t. rowe price, we understand the connections of a complex,globaleconomy. it'sjust one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> an as details continue to emerge about the manti te'o girlfriend hoax, one group that didn't do their job, so-called mainstream media. the journalists helped to perpetuate this. new york times admit the error acknowledging the paper wrote about his fake girlfriend five times and read in part, quote, the truly strange and still unfolding tale of notre dame football star and his nonexistent dead girlfriend has lessons for journalists including those at the times and in the meantime, and very soon, a refresher course in verification for every news room department would be a very good idea. she's absolutely right. the paper of record is one after dozen news organizations that did not do their homework, their research and l

and next, earnings from investors, as they gauge howtheeconomyisdoing. and speak egg oftheeconomy, thefederal reserve's regional survey found modest growth at year end 2012. this despite concerns about the fiscal cliff and the looming battle over the debt ceiling. back to you. >> mary thompson at the new york stock exchange. thank you. >>> one of television's favorite fathers has died. conrad bain played phillip drummond on "different strokes," the adopted father of two african-american brothers, played by todd bridges and gary coleman a veteran stage actor, bain rose to fame in middle age with the long-.-running family sitcom. conrad bain was 89 years old. a big hit here on nbc. 7:19 now. back to matt, savannah and al. >> must see tv. >> definitely. >> thanks, matt. >> thanks very much. mr. roker is here. >> a big storm is down south. let's go live now to pearl, mississippi, you can see the snow is already on the ground. they have got more on the way. as we take a look and show you what's happening, here is the latest. we have got winter storm warning, winter weather advisories

to theimprovingeconomyandhigh gas prices bart riders ship has skyrocketed more than 366 366,000 passengers each weekday last year. this year 391,000 per week day. >> the san francisco police department released a sketch of a man who attacked in the mission district-- at tacked a woman . >> the sketch of a suspect, to to sexually assault a 31 year old woman back in january 6th. >> just before 3 in the morning, the woman was walking down to their street for church, when a man lunged at her grabbing her head bring to the ground. >> he described as an asian or hispanic male, 25 years of age, with the buzz haircuts and is light beard. >> the san mateo county narcotics task force arrested a man who officials say is suspected of selling illegal firearms out of his house and car. >> police arrested antonio infante that is all on spears avenue on friday. >> he is a convicted felon, which prohibits them from owning a firearm. >> police recovered to revolvers, one semi- automatic handgun and and sks assault rifle. that is what you're looking at here. what bart is also recovered hundreds of rounds of ammun

401(k) into a fidelity ira and take control of yourpersonaleconomy. thisis going to be helpful. call or come in today. fidelity investments. turn here. >>> we are back at 8:21 with oils scar and tony-winning actress, catherine zeta-jones. she place the wife of a corrupt mayor in "broken city." >> when her husband hires a priva privateer to track her, she says he is following the wrong story. >> this is not what you think it is mr. taggert. >> i get fide take pitch perrers, not think. >> if that woman you put down the bottle for means anything, if the last seven years of your life means anything, walk away. if you think you are investigating adultery, mr. taggert, you don't know nicholass who set nicholas s who st very well. >> catherine zeta-jones, good morning to you. we want to talk about this movie is a good one. first we saw you at the golden globes the other night, you were a presenter which i think would be-racking than as a nominee. you sang your opening line. >> node choice. going to the nerves, i get nervous walking down a red carpet, literally, it's always nerve-racki

want to try to stimulatetheeconomy. we'llgive folks a break and lower it. it went from 6.2% to 4.2%. now it's back where it started. >> and congress decided not to decrease it because they felt that the economy was strong enough? it may sound small to some but doesn't feel small to a lot of people. >> we're talking about 160 million people that are affected by this. the average worker will feel like a $700 loss in income for the year. and biweekly check, that will really hit you. $50,000, it will go down by $38 every two weeks. >> is there a quick and easy way to calculate how much you're going to lose if you're in the mood to do that? >> you actually just calculate your wages by 0.2. >> do you have some tips for us as to what the best way to handle this is? >> it will take a lot of discipline from a lot of people. you were used to this and now you don't have it anymore. start with juadjusting your withholding. you want a little bit more in your paycheck every time. to do that, you need to double-check your withholding. go to the irs calculator and make sure you have the withhold

. and -- buttheeconomy, we'vehad a tough four years. and she's known for wearing her fashions over and over again. i wonder whether she'll make a fashion statement and wear a dress she's already worn. >> now that would be a big statement because she certainly hasn't been afraid to do that before. >> exactly. >> let me ask you about something from back from 2008. she wore this lemongrass-colored outfit designed by a cuban american designer actually, isabelle toledo. was that a good choice do you think? is that a good dress for her? >> you know, it was funny because a lot of people had a lot to say about there particular outfit. you know, it was her first term as first lady, as well. and you're out making a statement. now, it was both conservative, yet the color was a little different. you know, it's not necessarily everybody's cup of tea. but the point is, she liked it. and i think that was the statement there, that she was saying, i'm going to be wearing what i like to wear. what i'm comfortable in. and that's what it's about. fashion is about making a style statement that says "i'm in control here,

Search Results 0 to 19 of about 20 (some duplicates have been removed)